Charles Clayton Monitors the Daily Performance of His Investment Portfolio

question 11

Multiple Choice

Charles Clayton monitors the daily performance of his investment portfolio by recording a "+" or a "-" sign to indicate whether the portfolio's value increased or decreased from the previous day.His record for the last eighteen business days is "- + + - - - + - - + + + + + + + + -".The number of runs in this sample is _________.

• A)seven
• B)six
• C)four
• D)three
• E)one

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Definitions:

Ecological Adaptive

The process by which organisms adjust to changes in their environment to maintain or improve their survival prospects.

Domesticated

Refers to animals or plants that have been modified from their natural states to be of use to humans through selective breeding.

Cultural Adaptation

The process by which individuals or groups adjust to new cultural environments, often involving changes in practices, norms, and values.

Improvement

A positive change or enhancement in a situation or condition.